2024 CLP to RSD Historical Review

YEARLY HIGH

0.1218 RSD

YEARLY LOW

0.1086 RSD

YEARLY AVERAGE

0.1147 RSD

2024 CLP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1218. Conversely, the yearly low was recorded on March 6, dropping to 0.1086.

This high-to-low spread represents a total annual volatility of 0.0131 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1182 to the December average rate of 0.1135, the exchange rate registered a net change of -3.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1218 was down 12.46% compared to the 2023 peak of 0.1391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 121,752 RSD

2023 Average 129,309 RSD

Yearly Trough Low 108,617 RSD

Transaction Impact: A difference of 13,134.57 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1189

0.1108

JanuMarcMayJulySeptNove

CLP to RSD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1153, compared to 0.1141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1153

H2 Avg (Jul–Dec) 0.1141

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0073 RSD (High: 0.1215 / Low: 0.1142). On the other end, December was the most stable month, with a tight range of 0.0014 RSD (High: 0.1144 / Low: 0.1129).

May Spread (Volatile) ±0.0073

December Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1182) against the same month in 2023 (average: 0.1322), the exchange rate shifted by -0.0140 (-10.57%).

2024 Avg (January) 0.1182

2023 Avg (January) 0.1322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1218	0.1162	0.1182
February	0.1153	0.1091	0.1124
March	0.1144	0.1086	0.1115
April	0.1159	0.1102	0.1142
May	0.1215	0.1142	0.1182
June	0.1192	0.1145	0.1172
July	0.1184	0.1131	0.1154
August	0.1162	0.1122	0.1143
September	0.1167	0.1116	0.1138
October	0.1170	0.1118	0.1145
November	0.1149	0.1118	0.1132
December	0.1144	0.1129	0.1135